The coin design looks good 

Are there still plans to continue with the silvercoins for DMD's fifth anniversary?

Thanks to the Dev Team for a smooth wallet upgrade.

Interesting topics, I hope meeting timeframe won't be limited....Especially when it comes to services and usability, it is important to find a suitable usercase for Diamond. Perhaps not so easy, generally diamonds are not for every day use 




Well, that measure could have some effect. However, since the DMD community has several high ranked members, a warning about how to use smerit could be necessary. Already the META section is filled with people who has gotten red trust from DT members for having rewarded "wrong" posts or rewarded a post with "to many" smerits. There are also a lot of threads about why certain posts have gotten "that" many merits. I suppose smerits have to be used with extreme caution.

Somehow, a duck pond comes to mind, but since ducks in general are not particularly power-seeking or greedy such a metaphor would only be insulting to the ducks.

Is the DMD Piggy Bank on the move?

Sad to hear that there will be no physical Diamond silvercoin under my Christmas tree. Santa Claus will have problems this Christmas....

However, time is a complex parameter and I do very well understand that you can not always do everything that is planned. Sometimes one has to sleep too  Looking forward to the fifth anniversary event.

Any news on the silvercoins? Or are plans shifted toward more expensive matters

https://www.cnbc.com/2017/11/15/largest-colorless-diamond-to-sell-at-auction-fetches-record-price.html

I have now had some time to familiarize with the new DMDv3 wallet/network. There's a big difference between DMDv2 and DMDv3, POS rewards seems hard to acquire, but I assume that's good for network security. In the wallet, in coin control inputs there's a button to "Toggle Lock State" I'm not familiar with. What's the idea behind it and how is it supposed to be used?

Thanks to the DMD team for the efforts put in Diamond development.

Nice to hear that. Actually, your new coin piles will be able to compete for a POS block after 1 hour. But how long it will take before you finally find one, you just have to wait and see. Hopefully it will be soon. Don't forget to Unlock Wallet, and check the box "For anonymization and staking only" when you enter your passphrase. The Diamond Icon down to the right will turn blue when staking is active. Good luck!

To split your 600 DMD into 6 coin piles of 100 DMD each, you have to enter the value 6 in the UTXO field. Be sure to send them to yourself by copying your address from Receiving Addresses or by using the Coin Control Features. In the Coin Control Inputs you can also check that you have 6 equally sized coin piles after the split is done.

@crowetic
I'm no dev, but the confirmation time for a staked coin pile is 640 blocks (approx 24 hours) and maturity time is 1 hour. Then you can stake the pile again.



To my understanding coin priotity doesn't have anything to do with staking, since coin age is removed in DMD v3. However, to explain coin priority or if it has some other function in the new DMD wallet is a topic for Christian 

Nice to hear that you still will be around continuing your contribution to the DMD community. There is always need for good and reliable DMD services.


Things seem to begin fall into place.

It's heating up, don't be left behind

Just to be clear; you are saying that a future implementation of a more complex and secure address schema (to prevent brute force quantumcomputer attacks) still will correspond to the original private keys belonging to the original DMD v2 addresses?

@ DMD Team

I have read the DMD White Paper and it's a nice piece of work and interesting reading. I have some questions though.

Quote: "Stage 1: from 2017-09-01 till 2018-02-01
From Block 0 till Block 115200 the reward will remain constant at 2.35DMD. Diamond's yearly monetary inflation will come down from the starting position of 23.7% and drop to 21.6% within 6 months time.

Stage 2: from 2017-03-01 till 2020-08-01
From Block 134400 till Block 691200 the reward emission will follow a curved line decreasing rewards slightly each month from 2.29DMD per block to 0.55DMD within 29 months. Also, a yearly monetary inflation rate will decrease substantially from 20.6% to 3.8% within that period.

Stage 3: from 2020-09-01 till 2027-07-01
From Block 710400 till block 2284800 the reduction in network rewards will slow down from 0.5 DMD to 0.157 DMD per block, while annual monetary inflation will fall from 3.5% to 0.96% within that period.

Stage 4: from 2027-08-01 - ongoing
From Block 2304000 onward the network rewards will remain at constant level of 0.1563 DMD per block. Yearly inflation will be reducing slowly from 0.95% to 0.87% in the space of 10 years."

It seems that some block intervals are missing between the stages. What will the block reward be for example between block 115200-134400? It also seems to be some discrepancies between the dates of the stages?

In the White paper there are no mentioning about PoS maturity time after successfully minting a block. Does that mean that the same coin pile can mint two blocks in a row if lucky? Or is there still some maturity time, corresponding to the nine days in DMD v2?

Quote: "Only the control wallet which start the Masternode and delegates the work towards it must have access to the private key of the address with the coins."

Does this mean the control wallet with the collateral must be online continuosly? If not, what does "delegates the work" mean?

Some elaboration regarding these mentioned "ghost coins" would be appreciated. What exactly is it?

Quote: "In the near future DMD Diamond will feature a second more complex and more secure address schema (far beyond what Bitcoin protocol offers) which will make it much harder for brute force quantumcomputer attack to be successful."

Will this affect the possibility to import old private keys from DMD v2?
 

I must say that me and my wife are very happy to have won once again, but also a bit surprised since there were many nice and beautiful birthday cakes this year. It was wonderful to look at all the lovely pictures in the thread, we wanted to have a taste of them all

Congratulations to all participants !
 

Well, as you know Helmut, my wife is a devoted DMD supporter since the groestl time (early 2014). She uses the cake competition as an excuse to make a summer cake/party event....We invite some close friends, have a barbecue, have some wine/beer and coffee and cake. The cake is a perfect excuse to discuss cryptocurrency in general and DMD specifically. Unfortunately our friends don't appreciate the cryptocurrency possibilities fully. However, this year they were aware of the BTC price rise, but they think the value rise in cryptocurrency is madness.
Actually, I understand them....
 

 
This is our (me and my wife) contribution to the DMD Diamond 4th Anniversary Birthday Cake Competition.



May the force be with us
 

It's about time to get serious about the birthday cake competition. Hopefully my baking event will end up better than for the Swedish Chef

https://www.youtube.com/watch?v=QP0shgq65F4

Last time I mined, I used ccMiner version 1.2: https://github.com/cbuchner1/ccminer/releases

However that is an old version of ccMiner that supports Diamond Groestl and Nvidia cards with Compute version up to 5.0. If you have newer Nvidia cards, I don't know which miner to use.

I´m sorry I can't be of much help, I haven't mined for a very long time.

You can find different DMD pools on OP and also a link to different Mining Software. For Nvidia cards there is ccMiner. At the DMD pool Miningfield's homepage you can also find a link to ccMiner under "Help" - "Getting started".